Speech, SEC’s Steven Peikin: Reflections on the Past, Present, and Future of the SEC’s Enforcement of the Foreign Corrupt Practices Act

Against that backdrop, what does the future hold for FCPA enforcement at the SEC? Will the SEC continue to be committed to robust FCPA enforcement? My answer to that question is simple: Yes.

As Chairman Clayton noted during his confirmation hearing, bribery and corruption have no place in society. They often go hand-in-hand with many other societal ills, including instability, inequality, and poverty, and have anti-competitive effects, including putting honest businesses at a disadvantage. Bribery and corruption undermine and distort the marketplace and ultimately harm investors. Combatting corruption therefore remains an important government mission, including at the SEC’s Enforcement Division.

via Speech, SEC’s Steven Peikin: Reflections on the Past, Present, and Future of the SEC’s Enforcement of the Foreign Corrupt Practices Act